America Online Inks Deal With Anchor Bay Entertainment To Distribute Its Princess Natasha Original Animated Webisode Series on DVD and Video.

DULLES, Va. -- 360ep Signed On As Licensing Agent

Following the recent news of America Online's original webisode series "Princess Natasha" moving to television and books through partnerships with Cartoon Network and Little, Brown Books for Young Readers, the company continues its momentum by securing a new DVD and video licensing deal with Anchor Bay Entertainment Inc. Twenty episodes of "Princess Natasha," originally developed by Animation Collective for AOL's KOL(TM) service for kids, will be released in two separate DVD and video installments of ten episodes each.

In addition, AOL will develop two exclusive bonus episodes and two games for each DVD and video following the escapades of the princess spy. To further extend the brand, AOL has signed on the licensing agency 360ep to seek additional opportunities in all categories from bedding to apparel and toys.

"We are thrilled to continue to build the 'Princess Natasha' brand well beyond the Web and make it even more accessible to kids through our partnership with Anchor Bay," said Malcolm Bird, Senior Vice President AOL Kids & Teens. "360ep has already identified a high level of excitement over the Princess Natasha property highlighting the popularity the cartoon has with its millions of fans. The combination of millions of kids online and now on TV, books and Video makes Princess Natasha one of the most unique licensing properties to be released this year."

"We are delighted to partner with AOL and bring 'Princess Natasha' to an even wider audience," said Ted Green, President, Anchor Bay Entertainment. "The ability to deliver quality entertainment to consumers through a powerful combination of new and traditional distribution channels makes this alliance particularly compelling and exciting."

"Every couple of years, a great kid's property like Princess Natasha comes along. A compelling character that wins a loyal core market following, attracts the right mass media partners in the key categories, and seems destined to make a huge mass market splash," said Russ Brown, President, 360ep. "Princess Natasha rose to the top among a super lineup of KOL animation, comics and games, has great media backing from Cartoon Network, Little Brown and now, Anchor Bay. The licensing industry has an eye for trend setters and the best players in our business are lining up behind Princess Natasha and AOL."

About "Princess Natasha"

Princess Natasha, the student secret agent, who came from the beautiful, friendly country of Zoravia, inspired the quaint town of Fountain Park, Illinois to change its name to Zoravia. As the real Zoravian Princess, she has been charged to go to Zoravia, IL to find the evil Lubek and stop him from destroying her home country. Watch Princess Natasha through her zany adventures as she becomes an exchange student while doubling as a spy.

About the KOL(TM) Service for Kids

Winner of the 2004 National Parenting Seal of Approval, the KOL service is the first version of the America Online (R) service designed entirely for kids. Combining exclusive content from industry leading kids' brands and original programming, the KOL service is fully integrated with AOL's award-winning Parental Controls, offering kids a safer and more secure online environment. America Online, Inc. is a wholly owned subsidiary of Time Warner Inc. Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.

About Anchor Bay Entertainment

Anchor Bay Entertainment is an established leader in the field of home entertainment. In addition to the ever-popular Thomas & Friends(TM) collection and other children's titles such as the award-winning "Mister Rogers' Neighborhood," Howie Mandel's "Bobby's World," "Scary Godmother" and the Rankin-Bass classic "The Wacky World of Mother Goose," the company offers an expansive selection of award-winning, notable theatrical films including "Time Bandits" and "Halloween," classic television programming such as "Three's Company" and "Highlander," the impressive Manga anime line and chart-topping fitness titles including the "Crunch" and "For Dummies" series. Anchor Bay Entertainment, along with its co-owned sister companies, Film Roman Inc., Mainframe Entertainment Inc. and DKP Studios, is aggressively developing a wide range of original programs and concepts in addition to licensing existing brands and films.

Anchor Bay is a subsidiary of IDT Entertainment; IDT Entertainment is focused on developing, acquiring, producing and distributing computer-generated as well as traditional animated and live productions for the film, broadcast and direct-to-consumer markets. IDT Entertainment is division of the IDT Corporation with common shares traded on the New York Stock Exchange (NYSE:IDT; IDT.C). Anchor Bay Entertainment, IDT Entertainment and IDT Corporation can be accessed via the web by visiting http://www.anchorbayentertainment.com/, http://www.idtentertainment.com/, and http://www.idt.net/.

About 360ep

A full-service entertainment property management company, 360ep, inc. represents and services clients seeking expert navigation of the complex entertainment-licensing marketplace. 360ep also represents intellectual property holders seeking to "license-out" their properties to the best business partners in the consumer products and entertainment industries, as well as manufacturers looking to "license-in" the right characters and trademarks to maximize their retail businesses.